101 - 253 LESTER STREET

Waterloo, , N2L3W6, Canada

$530,000

Room #1 - Vacant, #2 - Vacant, #3 Vacant, #4 - $750, Lease Ending 25th Aug, 2028, #5 - Vacant. Incredible turnkey investment in the heart of Waterloo's university district! This purpose-built 5-bedroom, 2-bathroom condo at 253 Lester St has the potential to generate over $49,000/year in gross rental income with positive monthly cash flow. Just steps to Wilfrid Laurier University and the University of Waterloo, this high-demand location ensures consistent tenancy. Features include a spacious open-concept living area, two full baths, included furniture, and professional property management options for a completely hands-off experience. Condo fees include heat and water, and the building offers parking, shared laundry, elevator access, and proximity to transit, shops, and amenities.

EXTRAS: Refrigerator, Dishwasher, Stove, Hood Fan, Window Coverings

Last updated on : Thursday 8th of January 2026 07:45:15 PM

ADDRESS

Street : 101 - 253 LESTER STREET

City : Waterloo

Country : Canada

Postal Code : N2L3W6

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PROPERTY SUMMARY

Property ID : X12596864

Building Type : Apartment

Property Type : Single Family

Bedrooms : 5

Bathrooms : 2

Parking Type: No Garage

Maintenance Fees : $790.49

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